DICK’S Sporting Goods, Inc. $DKS Shares Acquired by QRG Capital Management Inc.

QRG Capital Management Inc. grew its holdings in DICK’S Sporting Goods, Inc. (NYSE:DKS) by 53.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,312 shares of the sporting goods retailer’s stock after purchasing an additional 3,960 shares during the period. QRG Capital Management Inc.’s holdings in DICK’S Sporting Goods were worth $2,239,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of DKS. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at $30,000. Clearstead Advisors LLC lifted its stake in shares of DICK’S Sporting Goods by 46.9% in the 3rd quarter. Clearstead Advisors LLC now owns 144 shares of the sporting goods retailer’s stock valued at $32,000 after purchasing an additional 46 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of DICK’S Sporting Goods in the 3rd quarter valued at $33,000. Laurel Wealth Advisors LLC acquired a new position in shares of DICK’S Sporting Goods in the 4th quarter valued at $34,000. Finally, Westside Investment Management Inc. raised its holdings in shares of DICK’S Sporting Goods by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 152 shares of the sporting goods retailer’s stock valued at $35,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 89.83% of the company’s stock.

DICK’S Sporting Goods Price Performance

DKS stock opened at $222.40 on Friday. The business’s fifty day moving average price is $206.23 and its 200 day moving average price is $209.91. The company has a current ratio of 1.53, a quick ratio of 0.47 and a debt-to-equity ratio of 0.34. DICK’S Sporting Goods, Inc. has a 12-month low of $167.03 and a 12-month high of $237.31. The company has a market capitalization of $19.80 billion, a PE ratio of 21.76, a P/E/G ratio of 3.22 and a beta of 1.21.

DICK’S Sporting Goods (NYSE:DKS) last issued its quarterly earnings results on Thursday, March 12th. The sporting goods retailer reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.02. DICK’S Sporting Goods had a return on equity of 27.12% and a net margin of 4.93%.The company had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $6.06 billion. During the same quarter in the prior year, the business earned $3.62 EPS. DICK’S Sporting Goods’s revenue was up 59.9% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 13.500-14.500 EPS. On average, sell-side analysts anticipate that DICK’S Sporting Goods, Inc. will post 14.29 EPS for the current year.

DICK’S Sporting Goods Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were issued a dividend of $1.25 per share. This is a positive change from DICK’S Sporting Goods’s previous quarterly dividend of $1.21. The ex-dividend date was Friday, March 27th. This represents a $5.00 annualized dividend and a yield of 2.2%. DICK’S Sporting Goods’s dividend payout ratio (DPR) is currently 48.92%.

Insider Activity

In other DICK’S Sporting Goods news, EVP Julie Lodge-Jarrett sold 4,140 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $223.56, for a total transaction of $925,538.40. Following the sale, the executive vice president owned 24,757 shares in the company, valued at $5,534,674.92. This represents a 14.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Edward W. Stack sold 210,478 shares of the company’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $197.69, for a total value of $41,609,395.82. Following the sale, the chairman owned 6,549,026 shares in the company, valued at approximately $1,294,676,949.94. This trade represents a 3.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 32.55% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of DICK’S Sporting Goods in a report on Friday, March 27th. Telsey Advisory Group reiterated an “outperform” rating and issued a $245.00 price objective on shares of DICK’S Sporting Goods in a report on Monday, March 9th. Wells Fargo & Company cut their price objective on DICK’S Sporting Goods from $225.00 to $200.00 and set an “equal weight” rating on the stock in a report on Friday, March 13th. Wall Street Zen upgraded DICK’S Sporting Goods from a “sell” rating to a “hold” rating in a report on Sunday, January 25th. Finally, Robert W. Baird set a $253.00 price objective on DICK’S Sporting Goods in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $241.89.

About DICK’S Sporting Goods

DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions.

The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States.